Cryptocurrency

Formula One Embraces Crypto

75
Cryptocurrency
27.05.2022

Despite the price of Bitcoin and Ethereum taking a major drop in recent times, the Formula One (F1) racing industry cannot get enough of crypto. Eight out of the 10 teams featuring in this year’s prestigious motorsport series have a crypto-r...

Central Bankers Question Cryptos at Davos

88
Cryptocurrency
24.05.2022

Central bankers meeting at a roundtable discussion at Davos, organized by the World Economic Forum (WEF), have questioned crypto’s place in the global economy.  Some of the comments emanating from a panel of central bankers and regulato...

India to Launch Own Digital Currency

103
Cryptocurrency
20.05.2022

India is working on developing a digital version of the rupee. It becomes the latest nation to join the push to create a state-backed virtual currency. The country's central bank hopes to launch the digital currency in the new fiscal year, whi...

Top Stablecoin Loses Dollar Peg

102
Cryptocurrency
13.05.2022

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Bitcoin Falls to Less than Half Its All-Time High

101
Cryptocurrency
10.05.2022

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

Crypto CEO Indicted for Pyramid Scheme

107
Cryptocurrency
09.05.2022

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

Young People Drive Crypto Investment Surge in India

158
Cryptocurrency
06.04.2022

India has seen a surge in cryptocurrency trading since the start of the coronavirus pandemic. Driven by its 750 million Internet users, the country is growing into a hotbed for crypto investment. In 2021, India ranked second behind only Vietnam in...

Biden Orders Study of Crypto Risks

197
Cryptocurrency
10.03.2022

US President Joe Biden signed an executive order Wednesday establishing the first-ever federal strategy on cryptocurrencies, the White House said. Citing the fact that 16% of all Americans have invested in cryptos, the study will investigate six p...

Bitcoin’s Surprising Role in Russia Crisis

275
Cryptocurrency
25.02.2022

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’...

Miami Emerges as Crypto Epicenter

236
Cryptocurrency
17.02.2022

Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of tho...